LOANS

The information listed below is intended to provide potential loan customers with answers to frequently asked questions and give an overview of the general guide lines that Schertz Bank &Trust follows when considering specific types of loans.

Interim Construction

80% financing available (Of total project cost or appraised value, whichever is less.)

12 month maximum interim term available (residential)

24 month maximum interim term available (commercial)

For rate information please contact your local branch.

Interim/Permanent

80% financing available (Of total project cost or appraised value, whichever is less.)

12 month maximum interim term available (residential)

24 month maximum interim term available (commercial)

For rate information please contact your local branch.

20 year amortization available on the permanent loan.

Consumer Loans

Schertz Bank & Trust has a variety of financing options for consumers including auto, boat, recreational vehicles, airplane, personal, and home improvement loans. Term, rate, and down payment requirements are determined by the age and condition of the collateral securing the loan. Contact your local branch for more details.

Commercial Loans

Working Capital

Fixed Asset Acquisition and/or Expansion

Machinery and Equipment

Real Estate (Land and/or Building)

Lines of Credit

Letters of Credit

Schertz Bank & Trust offers many different options in commercial lending determined by the specific needs of the customer. Terms and conditions of each loan type will vary. Please contact your local branch for more information.

General Small Business Loans 7(a) - The 7(a) Loan Program, SBA's most common loan program,includes financial help for businesses with special requirements.

Real Estate & Equipment Loans: CDC/504 - The CDC/504 Loan Program provides financing for major fixed assets such as equipment or real estate. The SBA 504 program has distinct advantages for both the borrower and the bank in equity requirements, term, and partial fixed rate financing.